Fonterra Lifts Farmgate Milk Price
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
WHILE IT IS good news the inquiry into the whey protein incident concludes there was no failure with New Zealand's dairy regulatory system it confirms what we already knew, says Michael Barnett, chairman of the NZ Infant Formula Exporters Association.
"We do have world best regulations. We are world leaders in whey production. Within the terms of reference of the inquiry to look into our dairy food safety system the report is a good outcome."
However in the association's view the incident was never a failure of our dairy regulations. "It was a failure to manage the situation and the reputational damage it caused New Zealand. This report will not fix that failure," says Barnett.
"I remain greatly concerned that our members were not part of the incident yet have ended up as collateral damage. Our members' products were taken off the shelves in China and I cannot see anything specific that will help get them back in to the market and rebuild the confidence of consumers."
Barnett says he would like to believe a further investigation being undertaken by the Ministry of Primary Industries looking at the question of what happened and the regulator's response in managing the incident might provide some answers.
Meanwhile we need to get this good news into the Chinese media and officials channels with some urgency but also some care. "I am a little concerned that even though there was no failure with our regulatory system we have nonetheless come up with a report that has 29 recommendations – to improve a system that is already proven to be among the best in the world. This could be misinterpreted."
He agrees an important step to restoring consumer confidence in China was for the Prime Minister and senior ministers to take this good news directly to counterparts in China.
With fireworks on sale from today and the election five days away, the NZ Veterinary Association says the issue deserves another look.
Farmlands has reported higher operating earnings and a profit before income tax of $4.5 million, up 118.9%, for the year ended 30 June 2026.
AgriZeroNZ has invested a further NZ$17.7 million in methane vaccine developer ArkeaBio and NZ$5.1 million in BioLumic, a New Zealand-founded company that uses ultraviolet light to develop low-emissions pasture..
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
OPINION: Political parties are getting plenty of advice and recommendations from sector groups as the election approaches.
In farming there are external factors that can influence behaviour of a whole herd, such as a bad weather event, triggering false positive heat detections or health attentions.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.